FORGING BONDS IN SOUTH AMERICA
Argentina's government has drummed up interest from Qatar to help increase the country's flagging energy supplies.
Building closer ties with Qatar is high on the agenda for Argentina's new president, Mauricio Macri, said cabinet chief Marcos Pena in a televised news conference a day after a state visit by Qatar. “It's very important because [Qatar] is an energy power,” he said. HH Emir Sheikh Tamim bin Hamad Al Thani met with Macri in Buenos Aires and his delegation suggested it would “start to work as quickly as possible” to deepen relations with Argentina. Oil production has tumbledd by 38% since a record 847,000 b/d in 1998, while gas has dropped by 16% from a record 143 million cu m/d in 2004, leading to shortages and a surge in imports. Qatar has been supplying LNG to Argentina over the past few years.